Looking at top Wall Street opinions, The Southern Company (NYSE: SO) has recently made its way into the research list of Evercore ISI – signaling that their analyst’s rating adjustment is noteworthy. This stock was upgraded to a rating of In-line in the eyes of Evercore ISI, whereas its previous rating was Underperform in the eyes of Evercore ISI, as reported on Friday, February 22nd, 2019. Another heavy-hitting research note was published by Citigroup on Thursday January 24th, 2019, with this firm upgrading SO to an updated rating of Neutral from its previous rating of Sell. In the past six months and three months of trading, shares of The Southern Company (SO) have moved by 15.04% and 6.32%, respectively.
Brokerage Updates Related to The Southern Company (SO) Stock
This publicly-traded organization generated gains of 1.61% over the last 5 sessions. Right now, this stock is the subject of 19 analysts’ evaluations, who – on average – have given this company’s shares a Hold rating. Of the latest market expert opinions, 4 have given an underperform rating, 1 has given a sell rating, and 0 have given a rating of Buy or better. Based on the 19 stock market experts following this company, the average 12-month price target is $49.21. Moreover, individual price targets range between $44.00-$52.00. With its recent move to $50.00, we can see that these firms project this stock will gain by 14.49% in one year.
Updates from The Southern Company (SO) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.10% rise since the beginning of the calendar year. A Director at The Southern Company (SO) bought some of its shares in a transaction that was finalized on Mar 05. Lantrip Mark sold 33,000 shares of the organization’s stock at $49.50 apiece and racked up $1,633,500 in earnings from the sale. Now, Lantrip Mark holds 23,157 shares of the company following the exchange. A President & CEO, GPC of the organization named BOWERS WILLIAM P, was engaged in a transaction that occurred on Feb 06 that managed to be worth $4,419,781 from the sale of 90,942 common shares at a price of $48.60 per individual share.
The Southern Company (NYSE:SO) Results in the Pipeline
The next scheduled release of financial results for The Southern Company will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.23. In the same vein, they expect sales for the quarter to amount to $4,663.78 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $5,337.00 million in revenue alongside EPS at $0.25. On average, the analyst projection was calling for $6,159.00 million with $1.14 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $5,627.00 million, with earnings per share ending up at $0.80.
PepsiCo, Inc. (NASDAQ:PEP) experienced a drop of -0.48% from the closing price in the previous trading day. That drove the price to $116.10 per share, as observed on March 7th, 2019, at a time when the total trading volume reached 4,726,012 shares of stock – compared to the typical average of 5.43M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $118.68.
Pricing Indications for PepsiCo, Inc. (PEP)
This organization has had a price-to-earnings ratio of 13.23 in the last year. In the most recent trading session, the daily high was $117.33, bringing the per-share value -0.48% high its 52-week high and about -4.84% more expensive than its 52-week low. Meanwhile, it gained 111.94 from its observable 50-day simple moving average. Right at this moment, the per-share value is 4.21% higher than the mean per-share price over the last 200 days in the market.
PepsiCo, Inc. (NASDAQ:PEP) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 4 have a Buy rating, 5 have an outperform rating, while 13 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 1 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.50, based on information from Thomson Reuters.
PEP Stock Value Potential
In trading activity as of late, this stock’s value was 111.50 up from its 200 day moving average, while also 3.84% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $100.00-$133.00. The market value for the entire organization reached 162.70B. After the trading day started off at the price of $116.10, these shares nearly bottomed out at its low price of $115.7 and nearly peaked at $117.33 as its full-day high price. In the last trading session, the price ended the day at $116.66. The institutional holdings related to this organization account for 0.10%, and the Beta factor is now 0.66. This company’s RSI (Relative Strength Index) managed to hit 60.91.
PepsiCo, Inc. (NASDAQ:PEP) Analyst Points of Focus
PepsiCo, Inc. (PEP) has found itself inside of Credit Suisse’s research list, so their analyst rating adjustment is worth taking note of. This stock was Initiated to Underperform, by Credit Suisse, as garnered from a news report on Thursday March 7th, 2019. An additional helpful research note was sent out by Macquarie’s on Tuesday February 19th, 2019. The brokerage decided to upgrade PEP to Outperform from its previous rating of Neutral.